Quotes with Resistance & Support
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Intraday calls for 29-08-11

Posted on: August 29th, 2011 at 8:25 am

Markets likely to open higher. Resistance for nifty is at 4840.

Buy Hindustan Unilever Ltd at 320, target: 327. Stoploss: 316.

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453 Responses

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  1. YOGI Says:
    August 29th, 2011
    Posted at: 1:29 pm

    Hi Aravind, 280.50/286


  2. Aravind Says:
    August 29th, 2011
    Posted at: 1:31 pm

    Thanks yogi


  3. KK Says:
    August 29th, 2011
    Posted at: 1:33 pm

    Hi YOGI,
    Your views on Nifty ??
    Do you suggest any other trades at this point of time ??


  4. gayaram Says:
    August 29th, 2011
    Posted at: 1:39 pm

    Hi Sunil Rao, Thanks. Entered ce as suggested by u and exited near 4890. Made a small profit. Thanks again.


  5. cvrprakash Says:
    August 29th, 2011
    Posted at: 1:41 pm

    Dear CB,

    Last week I was holding Nifty longs - Booked heavy loss there
    This week I was holding Nifty Shorts - Booked heavy loss here also.

    No idea what to do!!!! In what ever way I am loosing money!!!
    Please suggest me some way to recover those.... Can I re-enter the Nifty shorts again near 4950 if it goes?


  6. Kartik Says:
    August 29th, 2011
    Posted at: 1:46 pm

    sorry guys, just came back

    Hi cvrprakash, sorry to hear abt your loss, would be better to wait for a day to see where Markets would head now


  7. KK Says:
    August 29th, 2011
    Posted at: 1:49 pm

    Hi Kartik,
    Your views on Nifty ??
    Do you suggest any other trades at this point of time ??


  8. Sunil Rao Says:
    August 29th, 2011
    Posted at: 1:50 pm

    Nifty achieved intraday target ... Intraday traders ... book profits in longs ... positional traders may hold with a trailing sl @ 4850.


  9. MM Says:
    August 29th, 2011
    Posted at: 1:51 pm

    HI KARTIK SIR GA
    SHORT NIFTY 4874 HOLD OR SELL ?


  10. SDG Says:
    August 29th, 2011
    Posted at: 1:51 pm

    Hi Kartik, Good afternoon Shorted Nifty @4880. in loss.. can you please tell SL ?


  11. zeyus Says:
    August 29th, 2011
    Posted at: 1:53 pm

    Hi KK, Shorted Relcap Fut @ 355 , what to do ?


  12. Kartik Says:
    August 29th, 2011
    Posted at: 1:53 pm

    Hi SDG, enter a CE to hedge for Now, next resistance at 4950, keep a SL at 4920

    Hi MM, hold with a SL at 4920

    Hi Sunil Rao, GA, thanks

    Hi KK, could see profit booking at higher levels of 4900


  13. YOGI Says:
    August 29th, 2011
    Posted at: 1:53 pm

    Hi Sunil Rao, Greateeeeeeeeeeeeeeeee


  14. Sunil Rao Says:
    August 29th, 2011
    Posted at: 1:53 pm

    Hi cvrprakash, Sorry to hear about your loss. Always enter a directional call only after trend is confirmed. Book profits when comfortable. Book losses at the earliest. Keep your losses smaller than profits.


  15. KK Says:
    August 29th, 2011
    Posted at: 1:54 pm

    Hi zeyus,
    I'm a small trader, Experts are "Karthik" "CB" "Sunil" "YoGI" "KB" etc../..

    Wait for their response.


  16. zeyus Says:
    August 29th, 2011
    Posted at: 1:54 pm

    Hi Sunil Rao, Shorted Relcap Fut @ 355 , what to do ? pls advice ?
    Hi Kartik, Shorted Relcap Fut @ 355 , what to do ? pls advice ?

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